Returned Cheque/GIRO Fee

A fee of S$40 will be charged for every returned cheque, and S$30 for every returned GIRO payment.

Banking Part of: Your Guide to GIRO Arrangements

Returned Cheque Fee
  • To avoid a returned cheque payment, ensure that you have sufficient funds in your checking account before issuing a cheque. Do also ensure that cheques issued are cleared before using any funds in your checking account.
  • Your DBS/POSB Credit Card account will be charged an additional fee of $20 if the cheque used for Credit Card payment is returned.
Returned GIRO Fee

To avoid a returned GIRO payment, ensure that you have sufficient funds in your GIRO-linked account 3 days before the GIRO payment date. Do also ensure that your GIRO payments are cleared before using any funds in your account.

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